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-Shore Bank hires regional president.

BANKING AND CREDIT NEWS-May 30, 2012--Shore Bank hires regional president(C)2012 M2 COMMUNICATIONS

31 May 2012 - James D Barr has been hired as president of the Delaware market at Shore Bank, the bank holding company Hampton Roads Bankshares Inc (NASDAQ:HMPR) said on Wednesday.

The appointment is effective 29 May 2012. Barr has a lending experience of 30 years in the Delaware market, primarily in the Rehoboth Beach and Lewes areas. He joins Shore Bank from County Bank in Rehoboth Beach, where he has served as a vice president and commercial lender since 2008.

Between 1988 and 2008, Barr played various roles including that of branch manager, commercial lender, business development officer and senior loan officer at Baltimore Trust Company, Mercantile Peninsula Bank and PNC (NYSE:PNC). For six years to 1988, he has worked at Sussex Trust Company in Lewes and Georgetown, Delaware, serving marketing and branch management roles.

The bank holding company, which also owns the Bank of Hampton Roads, also said it would open next month its first loan production office in Sussex County, Delaware. The office will open at 19354-B Miller Road in Rehoboth Beach and will be led by Geri H Warren, a devoted lending and branch management expert who has spent his entire career in the Delmarva Peninsula market. Warren joined Shore Bank last month.

Hampton Roads Bankshares was established in 2001 and is based in Norfolk, Virginia. Its two banks serve the banking and financial needs of individuals and small and mid-sized firms. The Bank of Hampton Roads runs offices in North Carolina and Virginia and Shore Bank is present in the Eastern Shore of Maryland and Virginia.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U5DE
Date:May 30, 2012
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